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NetworkNewsWire Editorial Coverage: The marijuana industry grew at a 30 percent annual rate from 2015-2016, with Arcview Market Research predicting a 25 percent compound annual growth rate through 2021. As large as it is diverse, the industry now serves 29 U.S. states and the District of Columbia, where marijuana has become legal for medicinal and/or … Continue reading “Innovative Payment Solutions Blossom in the Expanding Cannabis Industry”

NetworkNewsWire Editorial Coverage: From Main Street to Wall Street, the cannabis industry is branching out into a variety of business opportunities for not only the key players involved but smaller startup firms as well. Projected growth estimates for the legal marijuana industry are impressive, with ArcView Market Research predicting a massive leap from just under … Continue reading “Rapidly Changing Cannabis Industry Offers Plenty of Growth in Horizontal Markets”

NetworkNewsWire Editorial Coverage: A new report out from Hexa Research projects that the domestic market for medical marijuana is slated to grow over 250 percent by 2024 to reach a new worth of nearly $20 billion (1). Globally, the market is estimated as reaching some $55.8 billion by 2025. Players in the space are banking … Continue reading “Cannabis Sector Strategies Light the Way for Industry Growth”

NetworkNewsWire Editorial Coverage: Experts say cryptocurrencies like bitcoin and Ethereum are here to stay1 and could even someday eclipse hard cash2. Encryption techniques regulate these digital currencies, which operate independent of governments and central banks and are organized through an online network known as a blockchain. Bitcoin has really exploded in recent months, hitting record … Continue reading “Public Companies Taking Part in the Cryptocurrency Evolution”

NetworkNewsWire Editorial Coverage: Exceeding $7.2 billion in 2016, the legal cannabis market is maintaining a rapid expansion rate, according to Forbes, thanks to a demand for both medical marijuana and legal adult recreational sales in many U.S. states. Growth is expected to continue at a compound annual rate of 17 percent, but it is more … Continue reading “Cannabis Industry Leaders Drive Growth with Acquisition Strategies and Territorial Expansion”

NetworkNewsWire Coverage: Bitcoin’s recent climb above the $4,500 mark is just one example of how its market capitalization continues to gain unprecedented reach. (http://nnw.fm/lGp8V) From cannabis to technology, bitcoin has impacted industries far and wide, but analysts believe that the cryptocurrency isn’t done climbing. A Goldman Sachs analyst recently predicted bitcoin could soon go for … Continue reading “Industry Movers Riding the Wave of Bitcoin’s Increasing Value”

NetworkNewsWire Coverage: Two booming markets are intersecting in the United States right now: legal cannabis and bitcoin. America’s cannabis market is predicted to reach a valuation of up to $50 billion by 20261, and the value of bitcoin reached record highs in August, surpassing $4,000 per coin and remaining above that mark as of August … Continue reading “Cannabis and Cryptocurrency: The Time Is Now”

NetworkNewsWire Coverage: Within America’s explosive legal cannabis market—projected to potentially reach a staggering $50 billion valuation by 20261—legal uncertainties and blockades continue to pose challenges. One of these challenges is a lack of banking options for marijuana merchants, who are largely forced to conduct cash transactions, as cannabis businesses currently do not have the backing … Continue reading “Record Bitcoin Gains Indicate High Times Ahead for Cannabis Cryptocurrency”